Claims and filings that are determined to be frivolous can result in penalties of $5,000 for each copy that claims an ...

The IRS is streamlining the tax filing process by integrating key information return documents into the IRS Individual Online ...

The IRS estimates that more than $1 billion in refunds remain unclaimed by taxpayers who have not filed their Form 1040, ...

As tax season approaches in 2025, individuals receiving over $5,000 in payments for goods or services through digital ...

At the same time, the Internal Revenue Service is planning to close over 100 in-person Taxpayer Assistance Centers.

The IRS has introduced significant changes to Form 1099-K reporting, affecting millions who use payment apps. These changes could lead to higher taxes and potential loss of refunds for many taxpayers.

Taxpayers have until April 15 to file their 2021 tax returns or risk forfeiting their refunds to the U.S. Treasury.

Investopedia / Xiaojie Liu Form 1099-INT is an Internal Revenue Service (IRS) tax form used to report interest income. Form 1099-INT is issued by all entities that pay interest income to investors ...